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PMI June 2021: Dynamic recovery also in the service sector
The procure.ch Purchasing Managers' Index (PMI) for industry fell slightly in June and thus cannot quite maintain the historic high of May (see Fig. 1). With a value of 66.7 points, the PMI is still so far above the growth threshold of 50 points that the recovery in industry can be described as a boom. There is still a shortage and prices are rising widely. The increase in staff is still slow, but short-time work has lost much of its importance. In June, the services PMI climbed to its third highest level since the survey began in January 2014. Obviously, the recovery in the service sector, which is more geared ... (full story)
